Home Improvement Loans & Grants

Home Improvement Loans logo with house and toolsWhat could $10,000, $25,000 or even $50,000 do for your home?

  • Finish that ugly basement bathroom
  • Replace a splintering deck
  • Get new energy efficient windows
  • Design your dream kitchen

A Fridley Home Improvement Loan can help make your vision a reality!

Low Interest Loan

  • 2% fixed rate
  • Loan amounts from $1,000 - $50,000 - perfect for any size project
  • No income limits
  • Affordable payments with terms up to 20 years
  • Available for single-family homes

Learn more and apply online for the Low Interest Loan.

Multi-Family Exterior Loan

  • 2% fixed rate
  • $50,000 maximum loan amount
  • No income limits
  • 1-12 unit properties are eligible
  • Eligible improvements include corrections to code violations, interior and exterior structure improvements

Learn more and apply online for the Multi-Family Exterior Loan.

single family homeMobile Home Improvement Loan

  • 2% fixed rate
  • $10,000 maximum loan amount
  • No income limits
  • Most interior and exterior improvements are eligible

Learn more and apply online for the Mobile Home Improvement Loan.

Senior Deferred Loans

Update: 2021 funds for Senior Deferred Loans have all been used. Applications will no longer be accepted for the remainder of the year. Please check back in 2022. 

  • 0% interest rate
  • $25,000 maximum loan amount
  • No income limits
  • Residential properties eligible
  • Eligible improvements are most interior and exterior projects

Learn more and apply online for a Senior Deferred Loan.

Emergency Deferred Loans

An emergency is defined as a condition that makes a house uninhabitable, extremely dangerous to the occupants, or is capable of causing severe health problems.

  • 0% (0.125% APR)*
  • No monthly payments.
  • Loan amounts from $500 to $10,000.
  • *APR based on $10,000 for 30 years.

Learn more and apply for an Emergency Deferred Loan

Down Payment Assistance Loan

The intent of this program is to provide an additional incentive for first time home buyers to move to Fridley. The loan carries no interest and payment is deferred until the property is sold, refinanced, transferred or is no longer owner-occupied.


Loan Terms / Eligibility

  • Loan amounts up to $5,000
  • 0% annual percentage rate (APR)
  • Income limit of 110% of Area Median Income (AMI) based on household size
  • The loan is deferred until the property is sold, refinanced, transferred or is no longer owner-occupied
  • Financing is secured by a mortgage on the property
  • Closing costs apply
  • Borrower must be considered a first-time homebuyer as defined by someone who hasn’t owned a home within the last 3 years.
  • Prior to closing the homebuyer(s) MUST attend a Home Stretch workshop or other valid homebuyers course offered through an approved counseling agency by the US Department of Housing and Urban Development (HUD).
  • 1 to 4 unit, owner occupied buildings
  • Single family, townhomes, duplexes, condominiums, and properties held in a trust are eligible

Download the Down Payment Loan application

Residential Paint Rebate Program

This program was developed to eliminate blight, preserve and improve the appearance of neighborhoods by providing rebates of up to $500 for cost of materials and supplies for exterior painting of eligible homes, by low and moderate income families. Maximum rebate of $500 for single family homes, up to $350 per unit (not to exceed $1,400) for rental properties.


Eligible Applicants:

  • Homeowners: Owner occupant, holding title to the property. Household Income may not exceed 110% of Area Median Income (AMI)
  • Owners of Rental Property: Up to 4 unit buildings, owner must live in building and income does not exceed 110% AMI

Download the residential Paint Rebate Program application.

Front Door Grant Program

This program is meant to provide an incentive for homeowners to increase the “curb appeal” of their home (and the City) by making improvements on the street side of their home. Grants are provided to pay for a portion of the improvements. Project tasks are considered either Basic or Beautification and the Grant amount varies based on type of work being completed. To be eligible for this program, homeowners must invest a minimum of $4,000 in projects from the "Beautifications Projects" list below. 


Grant amount ranges from $1,000 up to $5,000.



  • Owner Occupied, Homesteaded, single family/ duplex
  • Current on property taxes
  • Property valued at less than $400,000
  • Project must be visible from street in front of home
  • Work may not begin until project approval by City and HRA
  • Have not received prior Front Door Grants, in the current year
  • Projects must include at least one item from the Beautification Project list

Beautification Projects (25%)

Basic Projects (15%)

Front door, storm door and/or garage door


Sidelight windows by front door


Columns at front door


Covered front porch


Brick, stone or shakes


Permanent landscaping


Driveway & Sidewalk repair & replacement


Window boxes & shutters


Screening of utility boxes, garbage/recycling cans

Chimney repair, tuck-pointing, repointing


Deck – front/side yard, visible from front


Porch – front/side yard, visible from front


Retaining wall – repair or replace

Download the Front Door Grant Program application.

Fridley Foundations Grant

The intent of the Fridley Foundations Grant is to provide financial incentives for homeowners undertaking large remodeling projects valued at $35,000 or more. Financial incentives include a grant up to $5,000. Program is intended to play off the City’s previous Fridley Foundations Remodeling Demonstration Program. Project must include approved exterior improvements to receive full grant amount.


Requirements / Eligibility

  • Must be homesteaded, owner-occupied homes at least 20 years old 
  • No income limits for participants in this program
  • Consultation with the City’s Remodeling Advisor

Qualifying Projects:

  • Building an addition
  • Building a sunroom
  • Finishing previously unfinished space
  • Constructing a covered front porch
  • Converting a garage into livable space
  • Major kitchen, bathroom, or basement remodel
  • Adding a bathroom
  • Reconfiguring living space

Projects including two or more exterior upgrades are eligible for a grant of up to 10% of the project cost, not to exceed $5,000. Projects that do not include eligible exterior upgrades are limited to a grant of up to 5% of the project cost, not to exceed $2,500.


Eligible exterior upgrades include:

  • Altering the roofline on the front of the house
  • Constructing columns at the front door
  • Building a covered front porch
  • Enhancing the front of the house with brick, stone, or shakes
  • Upgrading the front door and/or garage door if it faces the street
  • Landscaping (landscape design assistance required)
  • Other elements as approved

Download the Fridley Foundations Grant application.

Not sure where to begin? A free Remodeling Advisor Visit can help!

This FREE service for Fridley homeowners includes a visit to your home to assist with remodeling ideas, evaluate necessary repairs and improvements, and assist with reviewing bids.

 Call 612-244-2470 to schedule an appointment.